Category

Financial Literacy
roth ira conversion
Roth IRA Conversion Explained If a tax or financial planner advises you to consider a Roth IRA Conversion, MMCCU is able to provide this service to members. *First, work with your tax advisor or financial planner to determine if a Roth IRA Conversion makes sense for your financial situation. If it does, our team can...
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lower interest rate not always better
Lower Interest Rate is Not Always a Savings in the Long Run Interest rates are important, but a lower interest rate is not the only thing to consider when choosing a home loan. The lowest interest rate does not always save you the most money or get you the best deal. There are other factors...
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youth month
Credit Union Youth Month A Good Reminder to Parents Marshfield Medical Center Credit Union (MMCCU) is currently celebrating Credit Union Youth Month, a time dedicated to teaching children all about saving, spending, and other financial topics. The Buikauskis family have been MMCCU members for about 12 years, and though April may be Credit Union Youth...
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kid saving money
With stimulus checks arriving for many Americans, those with children can expect more payments in 2021. Under the American Rescue Plan, those with children between ages 6-17 can expect to receive payments of $250 per month during the second half of 2021 for each child. For children younger than 6, the monthly allotment is $300...
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Who can finance through MMCCU? If you are an MMCCU member, financing may be available to you through MMCCU. If you are not a member, learn more about how to become one here. What financing is available through MMCCU? MMCCU can provide financing to eligible individuals for mortgage, auto, and more. There is a wide...
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Sales of recreational vehicles have climbed in the past year and spring is a great time to enjoy a new RV. “Spring is always a good time to buy these vehicles as this is the time they will get the most use,” said Jerry Litwaitis, VP of Lending at Marshfield Medical Center Credit Union (MMCCU)....
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Co-op Shared Branching, a network unique to credit unions in which members of a participating credit union can transact “simple” transactions at other credit union locations, is available at nearly 6,000 locations. Currently, more than 2,000 credit unions participate. A member wintering in Arizona, for example, can locate a participating credit union close by and...
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Friday of America Saves Week Did you learn what you needed to know about money as a child, from your parents, other adult role models, or school? For many Americans, that answer is no. As we round out America Saves Week, we want you to spend time thinking about how you can instill ways to...
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Thursday of America Saves Week It’s Day Four of America Saves Week, and here’s the ONE take away you need to know as you consider today’s focus, “Save by Reducing Debt”: WHEN YOU PAY DOWN YOUR DEBT, YOU’RE SAVING! By actively reducing your debt, you are saving on interest. When you pay on time, you...
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Wednesday of America Saves Week Many of us have thought about retirement. You may already be saving for it, which is excellent. But have you thought about HOW you want to retire? More specifically, have you thought about what it will take to continue to live the lifestyle you have or the lifestyle you want...
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